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RIAA Issues Mid-Year Report, Powered By Streaming

September 20, 2018/by Eric T. Parker

Halfway through 2018, the United States music business “continues its comeback story, powered by great new music, talented artists and a re-invented record industry.”

Findings include the music industry’s rapid transition from unit-based physical and digital sales towards streaming music sources. Total revenues from recorded music in the United States grew 10 percent to $4.6 billion at retail in 1H 2018. Streaming music accounted for 75 percent of industry revenues. At wholesale value, revenues rose 10 percent to $3.1 billion.

The full report can be found at riaa.com.

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Eric T. Parker
Eric T. Parker
Eric T. Parker
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0 0 Eric T. Parker https://musicrow.com/wp-content/uploads/2019/03/MusicRow-header-logo-Mar19B.png Eric T. Parker2018-09-20 15:45:512018-09-20 15:45:51RIAA Issues Mid-Year Report, Powered By Streaming
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